$400,000 Sold
525 w lafayette boulevard, detroit, MI 48226
Property Description
NO ROCKET MORTGAGE- BACK ON MARKET DUE TO BUYER FINANCING FAILURE Your opportunity to own one of only fifty-six residences in a historic tower designed by Albert Kahn in 1927. Amenities include an on site restaurant, separate bar and lounge area, coffee shop serving snacks and other items, 24/7 fitness center, private residential lobby & concierge and gated parking. Very low NEZ property taxes available to investors and owner-occupants alike until 2033. This is YOUR chance to get in whilst you can at this price point in prime Detroit real estate for this size and location.
General Information
Sold Price: $400,000
Price/SqFt: $286
Status: Sold
Date Sold: 07/29/2025
MLS#: 20250031010
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: wayne county condo plan no 945 (fort shelby hotel condo)
Bedrooms:2
Bathrooms:2 (2 full, 0 half)
House Size: 1,400 sq.ft.
Acreage:
Year Built: 1918
Property Type: Condo
Style: Common Entry Building,High Rise,Historic
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Garage Description: 2+ Assigned Spaces, Parking Lot
Construction: Brick
Exterior: Brick
Garage: No Garage
Garage Description: 2+ Assigned Spaces, Parking Lot
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Interior Entry, Unfinished, Common
Foundation : Slab,Basement
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Basement Description: Interior Entry, Unfinished, Common
Foundation : Slab,Basement
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,589
Est. Winter Taxes: $212
Est. Summer Taxes: $1,589
Est. Winter Taxes: $212
HOA fees: 1
HOA fees Period: Monthly
Legal Description: S LAFAYETTE W UNIT 25; WAYNE COUNTY CONDO PLAN NO. 945 "FORT SHELBY HOTEL CONDOMINIUM" RECORDED IN L46262 P1428-1542 DEEDS, WCR 4/132 0.410%SPLIT/COMBINED ON 07/23/2018 FROM 04000118.005;
HOA fees Period: Monthly
Legal Description: S LAFAYETTE W UNIT 25; WAYNE COUNTY CONDO PLAN NO. 945 "FORT SHELBY HOTEL CONDOMINIUM" RECORDED IN L46262 P1428-1542 DEEDS, WCR 4/132 0.410%SPLIT/COMBINED ON 07/23/2018 FROM 04000118.005;
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Nusrat Moghul of Arterra Luxe Collection LLC, Phone: (248) 733-5893
